Archive for June, 2007

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Goodbye Las Vegas, Hello Macau

We have all enjoyed trips to Las Vegas, and for many of us on the East Coast, those quick trips to Atlantic City and Foxwoods/Mohegan Sun Casinos in Connecticut. As the pendulum of economic activity shifts from West to East, Asians (who have gambled for centuries without any taboo) are now trying their luck in [...]


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Business opportunity in serving the unbanked

Most of us cannot imagine life without a bank, or an online bank for people like me (nearest branch for my bank is 125 miles away). Now we have data that says that almost 10% of Americans do not have a bank account and that explains the existence of check-cashing businesses almost every where, but [...]